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Microsoft's Brad Smith may not carry the title anymore, but he is still the company's top lawyer, and he cashed in $35.3 million worth of company stock in May. Other big law department winners last month were Intuit's Kerry McLean with $12.18 million and Loar Holdings Inc.'s Michael Manella with $12 million.
As nonequity partnership tiers expand across U.S. law firms, experts warn that the model, while effective for retaining talent and controlling costs, demands disciplined management oversight to avoid becoming a liability.
Domestic lawyer headcount growth among the 400 largest law firms in the U.S. picked up speed in 2024, rising 3.1% on average and outpacing growth the previous year, but experts say the winds that bolstered that expansion may have shifted as a result of macroeconomic uncertainty.
Many of the largest law firms in the U.S. had a strong year in 2024. And as demand for their services ticked upward they invested in bench strength, boosting the number of lawyers available to assist clients, our latest ranking of the largest U.S. law firms shows.
Davis Wright Tremaine LLP is expanding its food and beverage team, bringing in a Coblentz Patch Duffy & Bass LLP transactional attorney specializing in the wine and hospitality industry as a partner in its San Francisco office.
Following a string of departures from the firm now known as Taylor Duma LLP — most notably a former name partner and a onetime managing partner — founding partner and Chairman Marc A. Taylor said the midsize law firm has a plan to grow in a more efficient and agile manner.
Weil Gotshal & Manges LLP is expanding its transactional team in California, announcing Wednesday that it is bringing in a DLA Piper entertainment, sports and media dealmaker as a partner in its Los Angeles office.
Even as lawyers have returned to the office in larger numbers than in the years during and immediately following the COVID-19 pandemic, hybrid in-person and remote work remains the norm at law firms today, which have turned their focus to creating flexible, collaborative spaces that "link presence to purpose," according to the results of a survey released this week.
Biometric security company FaceTec told a California federal judge that Morrison & Foerster LLP should be barred from representing identity verification platform Jumio in a patent suit, arguing that its participation is "tainted" by the actions of disqualified co-counsel Perkins Coie LLP.
Direct Relief's new CEO Amy Weaver has made various jumps in her career — from Seattle to Hong Kong, online travel to chemical distribution to SaaS, chief legal officer to chief financial officer to chief executive officer. And while the Harvard Law School grad's moves may appear completely different, she sees each role, company, industry and location as a building block.
Online legal services provider LegalZoom announced Wednesday a strategic partnership with Perplexity, a search service utilizing large language models to answer user queries.
Proskauer Rose LLP has hired the former chair of Loeb & Loeb LLP's international trusts and estates practice group to represent ultra-high-net-worth individuals and families.
Four organizations are citing new court developments involving Google Inc. Chief Legal Officer Kent Walker's alleged mishandling of evidence in again asking the State Bar of California to discipline him.
Norton Rose Fulbright is expanding its product liability team, announcing Tuesday that it is bringing in a K&L Gates LLP trial attorney as a partner in its Los Angeles office.
San Francisco intellectual property and psychedelics lawyer Graham Pechenik announced Tuesday that he has transformed his nearly 10-year-old firm Calyx Law into a new partnership with Frank Gerratana, a Boston-based patent law veteran and former Mintz Levin Cohn Ferris Glovsky & Popeo PC member.
A California federal judge sentenced Tom Girardi on Tuesday to over seven years in prison for his wire fraud conviction, granting some leniency to the disbarred attorney on his 86th birthday by imposing a sentence below the guidelines in recognition of his age and ailing health.
A rebound in client work sent the nation’s largest law firms into growth mode last year, driving a wave of hiring, mergers and strategic moves that reshaped the top tier of the Law360 400. Here's a preview of the 100 firms with the largest U.S. attorney headcounts.
The alternative dispute resolution service Signature Resolution is bringing in a soon-to-retire Murchison & Cumming LLP personal injury trial attorney to join its panel of neutrals.
Crowell & Moring LLP and Faber Daeufer & Itrato PC announced Tuesday they have combined, allowing Crowell & Moring to open an office in Boston that builds on Faber Daeufer's strong presence in the city's life sciences community.
A California federal judge ruled Monday she will sentence Tom Girardi this week for his wire fraud conviction, finding him mentally competent enough to potentially serve prison time following a bizarre hearing where the disbarred attorney made an appearance on the witness stand that culminated in his pants falling down.
The California state bar's committee of bar examiners has approved two additional remedies in an effort to help applicants who failed the troubled February exam, including asking the state Supreme Court to approve a further scoring adjustment that would bring the passing rate up to about 63%.
Ropes & Gray LLP has moved its Silicon Valley office to a new location in downtown Palo Alto, California, a move to strengthen its presence in the tech region, the firm announced Monday.
H. Lee Godfrey, one of the founders of litigation boutique Susman Godfrey LLP, died on Monday, leaving behind a legacy as a thoughtful leader who performed exceptional work as a trial attorney, firm leaders said.
O'Melveny & Myers LLP announced Monday the hire of a pair of former Orrick Herrington & Sutcliffe LLP attorneys who have worked together across multiple firms for nearly 15 years to its corporate finance practice, which the firm says has grown from three to 16 partners over the last five years.
Legal department hires over the past month included high-profile appointments at Adobe, Takeda Pharmaceutical and Duke Energy. Here, Law360 Pulse looks at some of the top in-house announcements from May.
Gary Parsons at Brooks Pierce offers advice for young lawyers seeking trial experience in an environment where fewer cases make it to trial, including how to build their reputations, set their expectations and pick the right firm.
New Era ADR co-founder Collin Williams discusses his journey navigating a clinical depression diagnosis, how this experience affected his leadership style, and what the legal industry can do to better support attorneys with mental health conditions.
Series
My Nonpracticing Law Job: Career And Wellness CoachTara Rhoades at The Sanity Plea shares how she went from BigLaw partner to legal industry career and wellness coach, and explains how attorneys can use their capabilities, knowledge and professional networks to pursue coaching themselves, or bring refreshed meaning and purpose to their current roles.
Series
Talking Mental Health: Tackling Stress As A Practice LeaderConstance Rhebergen at Bracewell discusses how she handles the stress of being a practice chair, how sources of stress have changed in the legal industry over the past decade and what law firms can do to protect attorney mental health.
In the face of a dispersed and changing workforce with Generation Z entering the scene, law firms should consider some practical strategies to revitalize their cultures, provide meaningful mentorship and safeguard their knowledge bases, says Shireen Hilal at Maior Strategic Consulting.
One of the most effective ways firms can ensure their summer associate programs are a success is by engaging in a timely and meaningful evaluation process and being intentional about when, how and by whom feedback should be provided, say Caroline Cimei and Erica Fine at Shutts & Bowen.
Series
Talking Mental Health: Life As A Lawyer With OCDKelly Hughes at Ogletree discusses what she’s learned in the 14 years since she was diagnosed with obsessive-compulsive disorder, recounting how the experience shaped her law practice, what the legal industry and general public get wrong about the disorder, and how law firms can better support employees who have OCD.
Artificial intelligence tools will increasingly be used by outside counsel to better predict the outcomes of litigation — thus informing legal strategy with greater precision — and by clients to scrutinize invoices and evaluate counsel’s performance, says Ronald Levine at Herrick Feinstein.
Roundup
My Nonpracticing Law JobNot every law degree leads to a law practice. In this Law360 Pulse series, former practicing attorneys share the stories of how they went from practicing corporate law to using their knowledge and background to carve out a nontraditional career path in the legal industry.
Series
My Nonpracticing Law Job: LibrarianLisa A. Goodman at Texas A&M University shares how she went from a BigLaw associate who liked to hang out in the firm's law library to director of a law library herself in just over a decade, and provides considerations for anyone interested in pursuing a law librarian career.
Federal courts have recently been changing the way they quote decisions to omit insignificant details and string cites, and lawyers should consider adopting this practice to enhance the readability of their briefs — as long as accuracy stays top of mind, says Diana Simon at the University of Arizona James E. Rogers College of Law.
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
While involvement in internal firm initiatives can be rewarding both personally and professionally, associates' billable time requirements don’t leave much room for other work, meaning they must develop strategies to ensure they’re meeting all of their commitments while remaining balanced, says Melanie Webber at Fisher Phillips.
Amid a dip in corporate legal spending and client pushback on bills, Shireen Hilal at Maior Consultants highlights specific in-house counsel frustrations and explains how firms can provide customized legal advice with costs that are supported by undeniable value.